AX Essential Retail Portfolio, DST
Investment Description
This Delaware statutory trust holds grocery-store properties in Washington’s North Puget Sound region. The stores operate under the Haggen name in Mount Vernon, Stanwood, Ferndale and Burlington. The ownership structure includes an affiliated master lease, and investors acquire beneficial interests in the trust.
Key Facts
- Fundraising Status
- Open
- Sponsor Name
- Apollo RE Exchange, LLC
- Location(s)
- Washington
- Equity
- $91,520,000
- Debt
- $0
- LTV (investor offering)
- 0.00%
- Property Type
- Grocery retail
Projected income percentages use original equity and exclude exit proceeds. LTV = allocated debt / (equity + allocated debt). Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately.
Sponsor Overview
Apollo RE Exchange, LLC
Apollo RE Exchange, LLC sponsors the offering. The PPM describes Apollo’s real estate and net-lease platforms; related entities serve as seller, manager, master tenant, dealer manager and potential purchaser under the offering’s option provisions.